02-13-2009, 03:23 PM
[http]http://www.cnbc.com/id/29163654[/http]
Great article with full references to support my case that things aren't nearly as bad as the government has been spinning it.
-Pay particular attention to the section titled Growth, where reference to GDP comparisons are made about the current state of affairs vs the 70's. A fact that I illustrated earlier at the start.
My thinking is that the source shouldn't be shunned considering CNBC is owned by GE, Immelt being on Obama's advisory board, and isn't "spinning" things in my side of the fence.
One disclaimer however, I am a GE shareholder.
"unlike anything we've seen since the Great Depression!"...... [img]style_emoticons/<#EMO_DIR#>/jerkit.gif[/img]
Great article with full references to support my case that things aren't nearly as bad as the government has been spinning it.
-Pay particular attention to the section titled Growth, where reference to GDP comparisons are made about the current state of affairs vs the 70's. A fact that I illustrated earlier at the start.
My thinking is that the source shouldn't be shunned considering CNBC is owned by GE, Immelt being on Obama's advisory board, and isn't "spinning" things in my side of the fence.
One disclaimer however, I am a GE shareholder.
"unlike anything we've seen since the Great Depression!"...... [img]style_emoticons/<#EMO_DIR#>/jerkit.gif[/img]